GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Em Tech Co Ltd (XKRX:091120) » Definitions » Cyclically Adjusted Book per Share

Em Tech Co (XKRX:091120) Cyclically Adjusted Book per Share : ₩13,381.53 (As of Mar. 2025)


View and export this data going back to 2007. Start your Free Trial

What is Em Tech Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Em Tech Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩12,063.693. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₩13,381.53 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Em Tech Co's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Em Tech Co was 16.80% per year. The lowest was 11.40% per year. And the median was 15.30% per year.

As of today (2025-06-01), Em Tech Co's current stock price is ₩11240.00. Em Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩13,381.53. Em Tech Co's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Em Tech Co was 4.93. The lowest was 0.81. And the median was 2.41.


Em Tech Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Em Tech Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Em Tech Co Cyclically Adjusted Book per Share Chart

Em Tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,088.21 9,505.47 11,091.14 12,323.40 13,142.45

Em Tech Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,631.05 12,783.87 13,012.96 13,142.45 13,381.53

Competitive Comparison of Em Tech Co's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Em Tech Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Em Tech Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Em Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Em Tech Co's Cyclically Adjusted PB Ratio falls into.


;
;

Em Tech Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Em Tech Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12063.693/122.5900*122.5900
=12,063.693

Current CPI (Mar. 2025) = 122.5900.

Em Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 7,317.621 100.051 8,966.126
201509 7,688.002 100.111 9,414.291
201512 7,882.121 100.220 9,641.442
201603 8,191.785 100.561 9,986.296
201606 8,310.101 100.791 10,107.433
201609 8,339.804 101.461 10,076.528
201612 8,643.074 101.561 10,432.659
201703 8,336.871 102.851 9,936.909
201706 8,766.303 102.611 10,473.126
201709 8,935.724 103.491 10,584.840
201712 9,497.025 102.991 11,304.314
201803 11,203.361 104.101 13,193.175
201806 12,087.140 104.130 14,229.888
201809 11,934.262 105.651 13,847.745
201812 11,913.848 104.351 13,996.251
201903 12,474.153 104.491 14,634.829
201906 11,424.528 104.881 13,353.555
201909 11,465.248 105.200 13,360.463
201912 11,027.094 105.121 12,859.539
202003 10,907.420 105.354 12,691.859
202006 11,659.025 105.112 13,597.711
202009 11,414.572 106.198 13,176.497
202012 12,053.718 105.765 13,971.160
202103 12,431.043 107.357 14,194.871
202106 13,407.598 107.579 15,278.480
202109 14,610.584 108.759 16,468.598
202112 14,670.868 109.676 16,398.256
202203 14,242.067 111.848 15,609.890
202206 15,605.259 114.072 16,770.493
202209 16,434.979 114.715 17,563.168
202212 15,775.241 115.179 16,790.243
202303 16,123.081 116.507 16,964.832
202306 15,501.249 117.182 16,216.625
202309 15,192.827 118.964 15,655.954
202312 14,897.734 118.837 15,368.207
202403 14,727.057 120.123 15,029.486
202406 14,293.986 120.007 14,601.610
202409 13,653.967 120.861 13,849.274
202412 12,451.237 121.135 12,600.773
202503 12,063.693 122.590 12,063.693

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Em Tech Co  (XKRX:091120) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Em Tech Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11240.00/13381.53
=0.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Em Tech Co was 4.93. The lowest was 0.81. And the median was 2.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Em Tech Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Em Tech Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Em Tech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Em Tech Co Ltd (XKRX:091120) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
24-9 Seongju-dong, Changwon-si, Gyeongsangnam-do, KOR, 609-390
Em Tech Co Ltd is a South Korea based company engages in the developing, manufacturing and sale of a micro speaker and dynamic receiver.

Em Tech Co Headlines

No Headlines